The U.K. government is now urging businesses to prepare for the moment we leave the transition period. This urgency of readiness has also been triggered due to the unknown and uncertain out come of these currently ongoing talks.
Boris has been steadfast in his approach so far, repeating numerous times that the U.K. will not be extending negotiations beyond the set end date, in law, ending on December 31st 2020. For a deal to be found in such short time many areas need to be urgently bridged by red lines being dropped. In the EU, fisheries and the level playing field seem to be areas where disagreements are vast and must be bridged before any deal can be cop;teed according to EU negotiator Michel Barnier.
In making sure the U.K. businesses are areas for our full exit Business Secretary Alok Sharma said:
“With just 81 days until the end of the transition period, businesses must act now to ensure they are ready for the UK’s new start come January. There will be no extension to the transition period, so there is no time to waste.”
“I urge all businesses across the country to check gov.uk to see what action they need to take, sign up for updates, or attend one of our sector-specific webinars.”
“Businesses have a crucial role to play in ensuring a smooth transition, and we will be there to support them through this change every step of the way.”
Businesses can sign-up to attend BEIS webinars here.